Reference245921
Price820,000 EUR
Bedrooms10
Bathrooms6
Floor Space607.0m2
Land Area4.3 Ha

Stylish 10 bedroom House for sale in Peyrelevade, Limousin

820,000 EUR
705,200 GBP877,400 USD
Exceptional and beautifully renovated property in Correze, a grand farm building, 50m in length renovated into three distinct stylish, contemporary sections offering significant gite potential (subject to necessary permissions).

Located between the historic town of Felletin and the popular tourist destination of Meymac, a nearby lake, golf course, and aerodrome make this area the perfect retreat.

Main House: The first section boasts an impressive house elevated over a basement, offering a perfect blend of luxury and practicality. Crossing the wooden bridge to the elevated ground floor to a double-height living room, a spacious dining area with a well-appointed kitchen, a conv...
Exceptional and beautifully renovated property in Correze, a grand farm building, 50m in length renovated into three distinct stylish, contemporary sections offering significant gite potential (subject to necessary permissions).

Located between the historic town of Felletin and the popular tourist destination of Meymac, a nearby lake, golf course, and aerodrome make this area the perfect retreat.

Main House: The first section boasts an impressive house elevated over a basement, offering a perfect blend of luxury and practicality. Crossing the wooden bridge to the elevated ground floor to a double-height living room, a spacious dining area with a well-appointed kitchen, a convenient WC, and a generously-sized storage room.
Large south-facing windows display unobstructed views of the countryside, and a large covered balcony provides a second dining space overlooking the swimming pool.

The upper floor features 3 bedrooms, a bathroom, wc, and a luxurious hammam and sauna. Additionally, a mezzanine with a dedicated office space enhances the functionality of this splendid home.

The basement houses a well-equipped heating room and a large laundry/linen area.

Second House: The second section has 3 bedrooms on the ground floor and a large contemporary living/dining/kitchen area on the first floor.
Third Section - Three Independent Apartments: each with 1 bedroom, bathroom, a large living/dining area, and generous kitchen.
Another apartment to finish (subject to permission), 2 garages, a small vaulted wine cellar, a heated swimming pool, and a small outbuilding complete with a WC, a pool technical room, and a room awaiting renovation add to the allure of this magnificent property.
The house even boasts its own observatory.
All in enclosed land totalling over 10 acres.

In summary, this property in Correze offers style, comfort and great potential and is not to be missed.
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Mike Braunholtz

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This Farmhouse is located in Peyrelevade in France

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Buying a Property in France

1. Signing the Agreement (Compris)

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner.

The next step, once you are in agreement, is to sign the preliminary contract (Compromis de Vente). This is a legal document and after ten days will be binding on both parties. Rules change frequently in France and it is best to consult with your notary about when this period starts. Generally the compris will be signed in France with the Agent.

Variants can be included in the compris, for example an Acte (clause) can be added if the name or names to go on the title deed have not been finalised. If a mortgage will be required to purchase the property, the details for this, including the name of the mortgage company, must be on the compris.

2. Paying the Deposit

Generally the deposit will be 10% of the agreed purchase price. This will normally be paid to the notaire. There are exceptions to this, if the agent holds a carte professionelle, is bonded and fully registered then you may pay them, but do not hand over the deposit to anyone else. If for some reason the purchase does not go through, for example, if you write to the notaire and the agent that you do not wish to go continue with the purchase before the contract is binding (within seven days of signing the compris), then your deposit would be repaid. This would also apply if a condition had not been met, or the mayor or S.A.F.E.R. (a government agency that has the right of first purchase on most rural property that comes onto the market in France) could oblige the purchaser to give way. If you decide after the seven days 'cooling off' period that you do not wish to complete the purchase and pull out of the sale you would lose your deposit. If however the vendor pulls out of the sale then you will receive your deposit back plus the same amount from the vendor.

3. On Completion

Generally it will take around two or three months to complete the purchase.

During this time the balance of the purchase money must be paid into the account of the notaire, this must be done well ahead of the completion date. The notaire will prepare the documents, check that the deed of sale (Acte de Vente) is in order and have the legal title ready to be signed over. It is possible to have someone sign on your behalf if you give them power of attorney. An interpreter may be of use at this point if your French is not very good and many Notaires will suggest (or insist) that an interpreter is with you.